Which of the Following Is a Similarity Between Angel Investors

Multiple Choice

Which of the following is a similarity between angel investors and venture capitalists?

A) Both require firms to pledge collateral, such as inventories or accounts receivable.
B) Both invest in risky opportunities that offer the possibility of high rates of return.
C) Both typically provide funds without requiring a share of ownership.
D) Both are key sources of long-term funds, which are backed by commercial paper.